Some retailers have walked back supplier programs intended to address the additional hurdles that Black and minority founders face, including funding.
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CVS shares are up 45% this year — here’s why it may be starting to turn its business around
Some analysts are more optimistic about CVS’ ability to navigate higher-than-expected medical costs in its insurance unit moving forward.
Continue readingAs Trump eyes more tariffs, South Korea remains safe haven for GM and Hyundai
Automakers such as Hyundai Motor and General Motors have increasingly used South Korea as a tariff-free export market to the U.S.
Continue readingU.S. investors, Big Pharma race to find new medicines in China
U.S. investors and large pharmaceutical companies are increasingly doing deals in China as the country’s biopharma sector transforms.
Continue readingCFPB’s new leadership begins staff purge with dozens of employees terminated
The terminations have sowed more confusion at the bureau, as several of those being laid off had already accepted federal buyout offers, said one of […]
Continue readingESPN host Stephen A. Smith says he would be U.S. president as long as he doesn’t have to campaign
ESPN personality Stephen A. Smith told CNBC Sport that he is not interested in campaigning but would be interested in being president.
Continue readingComcast and NBCUniversal receive FCC inquiry on DEI initiatives
The Federal Communications Commission has sent a letter to Comcast inquiring about its DEI practices, a company spokesperson confirmed Wednesday.
Continue readingCVS CEO defends pharmacy middlemen, accuses drugmakers of ‘monopolistic’ practices
CVS CEO David Joyner’s comments come as lawmakers on both sides of the aisle and President Donald Trump have signaled interest in cracking down on […]
Continue readingBiogen beats estimates on cost cuts and new drugs like Leqembi, but profit outlook falls short
Biogen expects Leqembi and new rare disease and depression treatments to help offset revenue lost from multiple sclerosis products.
Continue readingBank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
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